Machinary purchased in 19-20 but put to use in 20-21. Can additional Depreciation be claimed on such Machinary?
Is "put to use" also a condition for claim of additional Depreciation
Yes depreciation can be claimed after the asset is put to use. Claim the additional depreciation in FY 2020-21.
Aggarwal Sarawagi and Co
New Delhi
CA
View Details
Sri Aurobindo Gnostic Centre of Education
New Delhi
CA
View Details
CAclubindia
